EUR/USD

- USD (-)

- Real time data - Forex

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Type:	Forex
Ticker:	EURUSD
ISIN:

EUR/USD - 15 min. - Technical analysis published on 10/31/2024 (GMT)

Londinia

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Timeframe : 15 min.
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bearish

Underlying: Slightly bearish

Technical indicators

44%

22%

33%

My opinion

Bearish under 1.0883 USD

My targets

1.0846 USD (-0.0011)

1.0820 USD (-0.0037)

My analysis

The bearish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade EUR/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 1.0883 USD. The next bearish objective for sellers is set at 1.0846 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.0820 USD. In case of crossing, the next objective would be the support located at 1.0783 USD. In the event of a bullish break in the resistance located at 1.0883 USD a certain indecision would take hold.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

0.9

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by shadybhai. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The EUR/USD rating is 1.0857 USD. The price registered a decrease of -0.01% on the session and was traded between 1.0844 USD and 1.0888 USD over the period. The price is currently at +0.12% from its lowest and -0.28% from its highest.

1.0844

1.0888

1.0857

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of EUR/USD in 15 min. shows an overall slightly bearish trend. Only 46.43% of the signals given by moving averages are bearish. This slightly bearish trend is not supported by the signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : 15 minutes

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 15 minutes

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 15 minutes

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 15 minutes

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 15 minutes

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 8 are bullish, 6 are neutral and 4 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Ichimoku : price is under the cloud

Type : Bearish

Timeframe : 15 minutes

Momentum indicator is back under 0

Type : Bearish

Timeframe : 15 minutes

Williams %R indicator is back over -50

Type : Bullish

Timeframe : 15 minutes

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Bearish harami cross

Type : Bearish

Timeframe : 15 minutes

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.0808	1.0826	1.0839	1.0857	1.0861	1.0871	1.0953
Change (%)	-0.45%	-0.29%	-0.17%	-	+0.04%	+0.13%	+0.88%
Change	-0.0049	-0.0031	-0.0018	-	+0.0004	+0.0014	+0.0096
Level	Intermediate	Minor	Intermediate	-	Intermediate	Intermediate	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.0757	1.0783	1.0820	1.0846	1.0883	1.0909	1.0946
Camarilla	1.0841	1.0847	1.0852	1.0858	1.0864	1.0870	1.0875
Woodie	1.0764	1.0786	1.0827	1.0849	1.0890	1.0912	1.0953
Fibonacci	1.0783	1.0807	1.0822	1.0846	1.0870	1.0885	1.0909

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.0636	1.0698	1.0747	1.0809	1.0858	1.0920	1.0969
Camarilla	1.0765	1.0775	1.0785	1.0795	1.0805	1.0815	1.0826
Woodie	1.0629	1.0695	1.0740	1.0806	1.0851	1.0917	1.0962
Fibonacci	1.0698	1.0741	1.0767	1.0809	1.0852	1.0878	1.0920

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.0809	1.0906	1.1021	1.1118	1.1233	1.1330	1.1445
Camarilla	1.1079	1.1098	1.1118	1.1137	1.1156	1.1176	1.1195
Woodie	1.0819	1.0911	1.1031	1.1123	1.1243	1.1335	1.1455
Fibonacci	1.0906	1.0987	1.1037	1.1118	1.1199	1.1249	1.1330

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	47.56
MACD (12,26,9):	-0.0002
Directional Movement:	-5.2992
AROON (14):	-64.2857
DEMA (21):	1.0860
Parabolic SAR (0,02-0,02-0,2):	1.0867
Elder Ray (13):	-0.0002
Super Trend (3,10):	1.0886
Zig ZAG (10):	1.0862
VORTEX (21):	0.9652
Stochastique (14,3,5):	33.86
TEMA (21):	1.0857
Williams %R (14):	-55.56
Chande Momentum Oscillator (20):	0.0003
Repulse (5,40,3):	0.0472
ROCnROLL:	1
TRIX (15,9):	-0.0014
Courbe Coppock:	0.25

MA7:	1.0822
MA20:	1.0872
MA50:	1.1012
MA100:	1.0937
MAexp7:	1.0860
MAexp20:	1.0861
MAexp50:	1.0861
MAexp100:	1.0856
Price / MA7:	+0.32%
Price / MA20:	-0.14%
Price / MA50:	-1.41%
Price / MA100:	-0.73%
Price / MAexp7:	-0.03%
Price / MAexp20:	-0.04%
Price / MAexp50:	-0.04%
Price / MAexp100:	+0.01%

Quotes : - Real time data - Forex

News

The latest news and videos published on EUR/USD at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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